DS LOCATION
ActiveDS LOCATION has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €160k and a net result of €92k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 55% of 516 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability99▲+13
Solvency66▲+23
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.78 against 0.4 in 2023; short-term debt: 51.6% and cash: 12.5% of total assets), and 58.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €160k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
70 d late
2023
89 d late
2022
162 d early
2021
268 d late
2020
24 d late
2019
59 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€92k▲ 32.4%
2023 · €69k
2018: €22k
2019: €5k
2020: €31k
2021: €-23k
2022: €-15k
2023: €69k
2018 → 2024
Working capital
€-44k▲ 74.4%
2023 · €-172k
2018: €82k
2019: €-120k
2020: €-89k
2021: €-168k
2022: €-201k
2023: €-172k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€55k-€32k▼ 41.8%€17k▼ 48.0%€86k▲ 413%€160k▲ 85.7%
Operating result€52k-€-15k€-11k▲ 26.3%€108k€128k▲ 18.7%
Net result€31k-€-23k€-15k▲ 33.1%€69k€92k▲ 32.4%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 19% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €385k
Fixed assets
€231k▼ 38.5%
Current assets
€155k▲ 36.4%
Equity and liabilities €385k
Equity
€160k▲ 85.7%
Provisions
€27k
Debt
€199k▼ 50.7%
The debt ratio falls from 82.4% to 51.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€133k▲
2023 · €115k
Cash flow
€97k▲
2023 · €77k
Solvency
41.5%▲
2023 · 17.6%
Current ratio
0.78▲
2023 · 0.40
Quick ratio
0.78▲
2023 · 0.40
Debt / equity
1.24▼
2023 · 4.68
ROE
57.4%▼
2023 · 80.5%
ROA
23.8%▲
2023 · 14.2%
Interest coverage
18.33▼
2023 · 22.11
Debt
€199k▼
2023 · €403k
Debt ≤ 1 year
€199k▼
2023 · €286k
Income taxes
€4k▼
2023 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€489k€385k▼
Fixed assets21/28€375k€231k▼
Tangible fixed assets22/27€160k€16k▼
Land and buildings22€143k€2k▼
Plant, machinery and equipment23€12k€11k▼
Furniture and vehicles24€5k€3k▼
Financial fixed assets28€215k€215k=
Current assets29/58€113k€155k▲
Stocks and contracts in progress3€30-
Stocks30/36€30-
Amounts receivable within one year40/41€108k€106k▼
Trade receivables40€1k€23k▲
Other amounts receivable41€107k€83k▼
Cash at bank and in hand54/58€5k€48k▲
Deferred charges and accrued income490/1-€117
Equity and liabilities
Total equity and liabilities10/49€489k€385k▼
Equity10/15€86k€160k▲
Contributions10/11€20k€20k=
Reserves13€66k€140k▲
Tax-exempt reserves132-€81k
Distributable reserves133€66k€59k▼
Provisions and deferred taxes16-€27k
Deferred taxes168-€27k
Amounts payable17/49€403k€199k▼
Amounts payable after more than one year17€117k-
Financial debts170/4€117k-
Amounts payable within one year42/48€286k€199k▼
Current portion of amounts payable after more than one year42€26k-
Trade debts44€110k€125k▲
Suppliers440/4€110k€125k▲
Taxes, remuneration and social security45€42k€38k▼
Taxes450/3€42k€38k▼
Other amounts payable47/48€108k€36k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€5k▼
Other operating charges640/8€14k€2k▼
Gross operating margin9900€129k€135k▲
Operating profit (loss)9901€108k€128k▲
Financial income75/76B€0€2k▲
Recurring financial income75€0€2k▲
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€103k€123k▲
Transfer to deferred taxes680-€27k
Income taxes67/77€33k€4k▼
Profit (loss) for the period9904€69k€92k▲
Transfer to tax-exempt reserves689-€81k
Profit (loss) for the period to be appropriated9905€69k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€48k€11k▼
Profit (loss) brought forward from the previous period14P€-21k-
Transfer from equity791/2-€18k
Transfer to equity691/2€48k€11k▼
To other reserves6921€48k€11k▼
Profit to be distributed694/7-€18k
Return on contributions (dividend)694-€18k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 70 days late
2024
31-12
Financial
Highest result since 2018net €92k ▲32.4%
Operating result €128k, net result €92k, both a record.
31-12
Financial
Equity above €150kEq €160k ▲85.7%
2 profitable years in a row build equity to €160k.
28-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 89 days late
2023
31-12
Financial
Back to profitnet €69k
Net result €69k after 2 loss-making years.
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 268 days late
19-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-23k ▼175%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 24 days late
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 59 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
2016
14-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 75 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Saint-Ghislain · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue René Simonis(S) 237332 Saint-GhislainGround area
1,082 m²
Parcel 53036A0881/00B000, Wallonia. Linked by address, not a title deed.
1 establishment unit
DS LOCATION
since 20082.344.251.359
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53036A0881/00B000 | Wallonia | 1,082 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DAKWERKEN MARAS - COOLS
BE 0812.148.039
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SPECTRUM ENERGIE
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HESTY
BE 0475.069.376
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K & L Bouw
BE 0456.246.923
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FORX
BE 0651.901.960
Torhout · Eq €154k
Of 667 companies in sector 77320 we hold annual accounts for 492. 361 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-12-2008
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
77320Rental and leasing activities
38110Waste collection, recovery and disposal activities
38120Waste collection, recovery and disposal activities
68121Development of residential building projects
77221Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.